sports bettor Billy Walters<\/a> being found guilty in 2017 of using non-public information supplied to him by then-Dean Foods Chairman Thomas Davis. The information allowed him to illegally gain $32 million in stock profits.<\/p>\n<\/div>\nThe Dean Foods case involved Mickelson. Federal securities regulators alleged that Walters tipped off Mickelson regarding the Dean Foods insider info, and the golfer used the knowledge to net nearly $1 million. Mickelson surrendered the profits to the SEC but was never charged with wrongdoing.<\/p>\n
Known Gambler<\/b><\/h2>\n
Mickelson has long been known to enjoy a casual bet amongst friends. Reports have for years circulated that Mickelson routinely engaged in large bets with fellow Tour players during practice rounds — and likely during competitive rounds, too.<\/p>\n
Though the PGA Tour prohibits such betting, it’s unknown if the Tour has penalized Mickelson in the past for the activity. The PGA Tour keeps disciplinary matters private.<\/p>\n","protected":false},"excerpt":{"rendered":"
Phil Mickelson reportedly lost $40 million gambling between 2010 and 2014. That’s according to a new excerpt released this week from golf writer Alan Shipnuck’s forthcoming unauthorized biography on the World Golf Hall of Fame member. Shipnuck’s book — Phil: The Rip-Roaring (and Unauthorized!) Biography of Golf’s Most Colorful Superstar — claims Mickelson’s excessive gambling […]<\/p>\n","protected":false},"author":25,"featured_media":212342,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,16],"tags":[],"acf":[],"yoast_head":"\n
Phil Mickelson Unauthorized Biography Claims Lefty Lost $40M Gambling<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n